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Published on 1/11/2021 in the Prospect News Emerging Markets Daily.

Emerging Markets Calendar

AFRICA AND THE MIDDLE EAST

BENIN:

• Benchmark-sized offering of euro-denominated notes of 11-year final maturity

• Citigroup and Societe General

• Rule 144A and Regulation S

DAE FUNDING LLC:

• Unit of Dubai Aerospace Enterprise Ltd.

• Fixed-rate four- and/or seven-year senior unsecured benchmark bond (//BBB-)

• Aerospace company in Dubai, United Arab Emirates

EMERGING EUROPE AND CENTRAL ASIA

CBOM FINANCE PLC:

• Special purpose vehicle of Credit Bank of Moscow

• Five-year euro-denominated senior bonds (BB-//BB)

• Proceeds for general banking purposes

KOMERCNI BANKA:

• €500 million fixed-rate five-year mortgage covered bond with 12-month soft bullet feature (//AAA)

• Prague bank

LATIN AMERICA AND THE CARIBBEAN

BANCO BTG PACTUAL SA (Cayman Branch):

• Subsidiary of Banco Pactual SA

• Dollar-denominated senior benchmark-size notes due 2026 (Ba2//BB-)

• Proceeds to fund eligible sustainable projects

• Sao Paulo-based lender

BUENOS AIRES:

• Dollar amortizing step-up bonds due 2032 up to a maximum amount of $2.34 billion, euro-denominated amortizing step-up bonds due 2032 up to a maximum of €540 million, dollar amortizing step-up bonds due 2040, euro-denominated amortizing step-up bonds due 2040, dollar-denominated interest-only securities and euro-denominated interest-only securities

• BofA Securities, Inc. and Citigroup Global Markets Inc.

• Offered in exchange for outstanding 2006 and 2015 indenture bonds

CREDITO REAL, SAB DE CV SOFOM, ER:

• Guaranteed by subsidiaries subsidiaries Credito Real, SA and Creal Nomina, SA de CV

• Up to $500 million of dollar-denominated senior unsecured notes (BB//BB+) with a seven-year tenure and non-callable for four years

• Proceeds to refinance liabilities, including to pay a tender of the 2023 senior notes and for general corporate purposes

• Mexico City consumer financer

EMBRAER NETHERLANDS FINANCE BV:

• Wholly owned subsidiary of Embraer SA

• Guaranteed by Embraer SA and Yabora Industria Aeronautica SA

• Proposed 2028 benchmark sized senior unsecured bonds (//BB+)

• Proceeds for a tender for the 2022 and 2023 notes and general corporate purposes

IRSA INVERSIONES Y REPRESENTACIONES SA:

• Series VII dollar-denominated 10% notes due in three years

• BACS Banco de Credito y Securitization SA, Banco Hipotecario SA, Banco de Galicia y Buenos Aires, Banco Santander Rio SA, AR Partners SA, Banco de la Provincia de Buenos Aires, Balanz Capital Valores, Puente Hnos SA, Bull Market Brokers SA and SBS Trading SA

• Real estate company in Buenos Aires

ITAU UNIBANCO HOLDING SA (CAYMAN ISLANDS):

• Subsidiary of Itau Unibanco Holding SA

• Dollar-denominated contractual non-viability tier 2 subordinated notes due 2031 (Ba1//B+) with a five-year call option

• Proceeds to finance or refinance sustainable projects

• Sao Paolo lender

KLABIN AUSTRIA GMBH:

• Austrian subsidiary of guarantor Klabin Finance SA

• Sustainability-linked notes due 2031 (BB+/BB+)

• Proceeds to tender for 2024 notes and for general corporate purposes

• Sao Paulo-based pulp, paper and paper products company

MARB BONDCO PLC:

• Subsidiary of Marfrig Global Foods SA, notes guaranteed by Marfrig subsidiaries Marfrig Global Foods SA, Marfrig Holdings (Europe) BV, Marfrig Overseas Ltd. and NBM US Holdings, Inc.

• $1 billion global notes offering due 2028 (/BB-/BB)

• Proceeds to refinance debt including tender of outstanding 2025 notes

• Sao Paulo-based food processing company

NUEVA ELEKTRA DE MILENIO SA DE CV:

• Subsidiary of Grupo Elektra SAB de CV

• Senior secured bond denominated in U.S. dollars

• BCP Securities, Credit Suisse and Jefferies

• Rule 144A and Regulation S

• Money remittance services company and subsidiary of Mexico City-based finance and retail corporation

SIMPAR EUROPE:

• Finance subsidiary of Simpar SA

• Proceeds to fund redemption of 7Ύ% notes due 2024

• Sao-Paulo holding company with subsidiaries operating in the insurance, freight, vehicle trade and property management sectors

UEP PENONOME II, SA:

• $275 million senior secured notes due 2038 (Ba3/BB)

• Regulation S and Rule 144A

ASIA

AGRICULTURAL BANK OF CHINA LTD. NEW YORK BRANCH:

• Dollar-denominated three-year notes and five-year green notes (A1)

• Beijing bank

BANK OF CHINA (HONG KONG) LTD.:

• Senior fixed-rate notes (A1/A/A) in U.S. dollar and Chinese renminbi tranches

• Beijing lender

BANPU PCL:

• Singapore branch of guarantor Bangkok Bank PCL

• Perpetual securities (Baa2)

CAS HOLDING NO. 1 LTD.:

• Guaranteed by parent CAS HOLDING

• Subordinated perpetual securities (Ba2/BB)

• Proceeds to general corporate purposes for PCCW Ltd., which owns both CAS No. 1 and CAS Holdings

• 51.94% equity interest in Hong Kong Telecommunications

CENTRAL CHINA REAL ESTATE LTD.:

• Dollar-denominated green senior notes (//BB-)

• BNP Paribas, BofA Securities, CCB International Capital Ltd., China Citic Bank International Ltd., Deutsche Bank AG, Singapore Branch, Haitong International Securities Co. Ltd., Morgan Stanley & Co. International plc and Standard Chartered Bank

• Regulation S

• Proceeds to refinance medium- and long-term offshore debt due within the year

• Zhengzhou City, China residential developer

CENTRAL PLAZA DEVELOPMENT LTD.:

• Guarantee from parent BCG Chinastar International Investment Ltd., keepwell deed and equity interest purchase undertaking by indirect parent Beijing Capital Group Co. Ltd.

• Dollar-denominated senior notes (BBB) and subordinated perpetual securities (BB+)

• Beijing integrated property owner

CHINA CINDA (HK) HOLDINGS CO. LTD.:

• Senior notes (A-//A)

• Proceeds for working capital, investment, refinancing debt and other general corporate purposes

• Beijing financial services company

CHINA DEVELOPMENT BANK HONG KONG BRANCH:

• Three-year U.S. dollar and two-year Hong Kong dollar-denominated notes (A+)

• Proceeds for working capital and general corporate purposes

• Beijing bank

CHINA HUANENG GROUP (HONG KONG) TREASURY MANAGEMENT HOLDING LTD.:

• Guaranteed by China Huaneng Group Co. Ltd.

• Senior notes (A2//A)

• Proceeds to refinance debt

CIFI HOLDINGS (GROUP) Co. LTD.:

• Dollar-denominated notes (Ba3/BB-)

• Proceeds to refinance debt

• Property development business headquartered in Shanghai

EMPIRE RESORTS, INC.:

• $475 million of five-year senior secured notes

• Guidance of yield of 8% to 8Ό%

• BNP Paribas, Citigroup and DBS Bank

• Rule 144A and Regulation S

ENRONG INTERNATIONAL (HONGKONG) LTD.:

• Guaranteed by parent Changzhou Eastern New City Construction Group Co., Ltd.

• Dollar-denominated senior notes (//BBB-)

• Proceeds for general corporate purposes

• Construction company in Changzhou, China

EXPORT-IMPORT BANK OF INDIA:

• Dollar-denominated senior notes (BBB-//BBB-)

• Export finance institution based in Mumbai, India

FAR EAST CONSORTIUM INTERNATIONAL LTD.:

• Dollar-denominated notes

• AMTD Global Markets, Ltd. BNP Paribas, Credit Suisse (Hong Kong) Ltd., DBS Bank Ltd., Guotai Junan Securities (Hong Kong) Ltd., Haitong International Securities Co. Ltd., HSBC Ltd., Oversea-Chinese Banking Corp. Ltd., Mizuho Securities Asia Ltd. and UBS AG Hong Kong Branch

• Hong Kong-based business conglomerate

GUANGZHOU FINELAND REAL ESTATE DEVELOPMENT CO., LTD.:

• Senior dollar-denominated notes (B3)

• Proceeds to refinance offshore debt

• Guangzhou, China, real estate developer

HUAYUAN PROPERTY CO., LTD.:

• Dollar-denominated notes (B2)

• Proceeds to refinance debt

• Beijing real estate business

HUARONG LEASING MANAGEMENT HONG KONG CO. LTD.:

• Keepwell and asset purchase deed provided by parent China Huarong Financial Leasing Co., Ltd.

• Senior dollar-denominated notes (//A-)

• Proceeds for general corporate purposes

• Beijing state-owned asset manager

KEB HANA BANK:

• €500 million of mortgage covered bonds (//AAA)

• Seoul, South Korea, bank

KENBOURNE INVEST SA:

• Subsidiary of PT Wahana Ottomitra Multiartha Tbk, guaranteed by parent companies including WOM Holdings SpA

• $300 million to $450 million notes (B1/B+/BB-)

• Proceeds to purchase mobile spectrum, to refinance company’s CLP 120 billion term loan due 2024 and for general corporate purposes

• North Jakarta, Indonesia, financing company

KOREA DEVELOPMENT BANK:

• Three-part dollar notes with green tranche

• BNP Paribas Securities Corp., BofA Securities, Inc., J.P. Morgan Securities LLC, KDB Asia Ltd., Societe Generale CIB, Standard Chartered Bank and UBS Securities LLC

• Proceeds for general operations, extending foreign currency loans and the repayment of maturing debt, with green note proceeds to refinancing eligible green projects

• Seoul, South Korea, bank

KOREA EXPRESSWAY CORP.:

• Senior unsecured Australian dollar-denominated notes

LAOS:

• At least $150 million in notes

• Proceeds to fully redeem $150 million 6 7/8% notes due 2021

MEILUN (BVI) LTD.:

• Subsidiary of Shandong Chenming Paper Holdings Ltd.

• Up to $1 billion in bonds with a term up to five years

• Proceeds to replace domestic and overseas debts, to purchase raw materials, to replenish working capital and for project construction

• Weifang, China paper mill company

PANDITA INDUSTRIES LTD.:

• Proposed $200 million of unsecured unsubordinated bonds

• Guaranteed by several of its subsidiaries

POWER BEST GLOBAL INVESTMENTS LTD.:

• Guaranteed by Hong Kong JunFa Property Co.

• Notes (//B+)

• Hong Kong property developer

PT SRI REJEKI ISMAN TBK:

• Guaranteed by subsidiaries PT Sinar Pantja Djaja, PT Bitratex Industries and PT Primayudha Mandirijaya

• Dollar-denominated senior notes (B1//BB-)

• Proceeds to refinance syndicated facility and short-term facilities and extend maturity of debt due January 2022

• Jakarta, Indonesia, textile manufacturer

PT TOWER BERSAMA INFRASTRUCTURE TBK:

• Dollar-denominated senior notes (//BBB-)

• Proceeds to repay debt and for general corporate purposes

• Jakarta, Indonesia, telecom tower company

SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD. SINGAPORE BRANCH:

• Dollar-denominated senior bond (Baa2)

SHRIRAM TRANSPORT FINANCE CO.:

• Fixed-rate dollar-denominated senior secured social notes (BB-//BB) with a term of three years and two months

• Mumbai, India, commercial vehicle financer

SINO TRENDY INVESTMENT LTD.:

• Guaranteed by Guangxi Communications Investment Group Corp. Ltd.

• Dollar-denominated notes

• Proceeds will be used to repay medium and long-term offshore indebtedness

SK HYNIX INC.:

• Dollar-denominated senior notes (Baa2/BBB-) with a green bond tranche

• Proceeds to general corporate purposes, including repaying borrowings and for capital expenditures

• Icheon, South Korea, memory semiconductor supplier

SOUTHWEST SECURITIES INTERNATIONAL SECURITIES LTD.:

• Up to $200 million of bonds with a tenor of not more than three years in U.S. or Hong Kong dollars to price ahead of the April 17, 2021 maturity of its existing $200 million 6.9% bonds

• Financial services company in Hong Kong

STATE BANK OF INDIA (UK) LTD.:

• London branch of State Bank of India

• Senior notes (BBB-//BBB-)

• Mumbai, India, bank

YUEXIU PROPERTY CO. LTD.:

• Dollar-denominated notes (Baa3//BBB-)

• Proceeds for refinancing debt and general corporate purposes

• Hong Kong property developer

ZHEJIANG EXPRESSWAY CO. LTD.:

• Up to $600 million of senior notes with one- to 10-year terms

• Regulation S

• Proceeds to debt refinancing, new projects and strategic development

• Hangzhou, China, infrastructure company

ZHONGYUAN ZHICHENG CO., LTD.:

• Guaranteed by parent Zhongyuan Yuzi Investment Holding Group Co., Ltd.

• Dollar-denominated notes (A2//A)

• Proceeds to refinance offshore debt and invest in low-income housing, infrastructure and manufacturing projects in Henan

• Zhengzhou, China-based investor in urban and rural construction, industrial zones, land consolidation, sewage treatment, and other businesses


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